Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran (FOB) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran (CIF) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $1,398 per ton, surging by 29% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; vinyl acetates increased by +64.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Armenia ($1,832 per ton), while the average price for exports to Uzbekistan ($632 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates amounted to $439 per ton, shrinking by -18.7% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 17%. The import price peaked at $1,499 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,280 per ton), while the price for the United Arab Emirates ($316 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.5%), while the prices for the other major suppliers experienced a decline.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran
In 2022, overseas shipments of acids; saturated acyclic monocarboxylic acids; vinyl acetates decreased by -49% to 7.4K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 229% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; vinyl acetates contracted markedly to $10M in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 220% against the previous year.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.3 | 3.0 | 10.6 | 8.1 | 200.0% |
| Uzbekistan | 0.8 | 1.1 | 4.1 | 1.4 | 20.5% |
| Pakistan | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Armenia | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | 0.3 | 0.5 | 0.4 | 0.1 | -30.7% |
| Total | 1.6 | 5.0 | 15.8 | 10.4 | 86.6% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate from Iran in 2022:
- Turkey (4.6K tons)
- Uzbekistan (2.2K tons)
- Pakistan (0.3K tons)
- Armenia (0.2K tons)
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran
In 2022, overseas purchases of acids; saturated acyclic monocarboxylic acids; vinyl acetates increased by 71% to 29 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a perceptible shrinkage.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates skyrocketed to $13K in 2022. Overall, imports, however, continue to indicate a sharp curtailment.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 24.3 | 12.9 | 7.3 | 10.0 | -25.6% |
| Taiwan (Chinese) | 3.1 | 1.4 | 0.7 | 0.8 | -36.3% |
| China | 2.1 | 0.3 | 0.3 | 0.5 | -38.0% |
| Turkey | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| United Arab Emirates | 1.1 | 0.3 | 0.1 | N/A | -69.8% |
| Others | 1.5 | 1.0 | 0.7 | 1.2 | -7.2% |
| Total | 32.4 | 16.3 | 9.1 | 12.7 | -26.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Iran in 2022:
- India (25.9 tons)
- Taiwan (Chinese) (2.1 tons)
- Turkey (0.4 tons)
- China (0.4 tons)
- United Arab Emirates (0.1 tons)
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